General Rules
1. 1st bounce must be massive selloff
2. Must have excellent support further left
3. Conservative stop loss, but you decide where to put, make sure 5/reasonable.
4. Risk 8%
5. Take profit early and try 3rd bounce
6. Look at all Coin markets ex. BTCUSD , BTCUSDT , BTCBUST
7. Look at Big/Small Caps, BTC .D, Stock and index, GOLD etc. and make sure it makes sense.
Characteristics
-Hard Entry (Violates guessing the bottom rule)
-Hard SL
1. 1st bounce must be massive selloff
2. Must have excellent support further left
3. Conservative stop loss, but you decide where to put, make sure 5/reasonable.
4. Risk 8%
5. Take profit early and try 3rd bounce
6. Look at all Coin markets ex. BTCUSD , BTCUSDT , BTCBUST
7. Look at Big/Small Caps, BTC .D, Stock and index, GOLD etc. and make sure it makes sense.
Characteristics
-Hard Entry (Violates guessing the bottom rule)
-Hard SL